Roku (NASDAQ: ROKU) may finally be on track for a comeback. Admittedly, prospective Roku shareholders may want to see further improvements before buying shares. The reason for Roku's struggles is likely its focus after the pandemic's height.

Stocks were mostly lower on Thursday after a disappointing business forecast from retail giant Walmart (WMT). The S&P 500, which closed at a record high on Wednesday, was down 0.6% late Thursday afternoon,

Roku’s momentum continues to build. The company recently reported that its global streaming TV household count reached..

Turning $10,000 into $1 million implies a 10,000% increase. Early stage tech companies have done it faster than others, but it's rare for this to happen quickly. This is a long-term strategy, even for top growth stocks.

Roku, Inc. (ROKU) shares breached the $100 psychological barrier last week for the first time since June 2022, thanks to the streaming device maker’s better-than-expected fourth-quarter results. The forward guidance was roughly in line with expectations.